We notice on the weekly chart that EUR/USD prices have formed the
Inverted Head and Shoulders pattern, and this confirms that it would
rise further towards the 1.35 and the 1.3525 levels.
This is expected to happen before the release of FOMC Statement, then
it would retreat to the 1.3404-1.3386 area, and this is what we notice
through the ADX trend indicator, which reflects the strength of the
bullish trend on the short term trading , and the weaknesses of this
trend on the average term trading.

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